RealOp Investments has acquired Oates Crossing, a four-building office and warehouse portfolio in Metro Charlotte. The sales price was $31.7 million.

The 234,400-square-foot portfolio is located at 105 and 115 Corporate Center Drive and 120 and 128 Talbert Road in Mooresville. Patrick Nally, Hunter Barron and Pete Pittroff of JLL represented the undisclosed seller in the transaction. Stream Realty’s Jason Schnittger will lease the buildings on behalf of RealOp.

“We are pleased to continue our growth in the Charlotte market and appreciate JLL’s efforts throughout the transaction,” said Julian Nexsen, vice president of acquisitions at RealOp. “This was a unique opportunity for us to acquire a significant portfolio in an amenity-rich and supply-constrained location. The acquisition aligned well within our investment criteria due to the product type, credit tenancy and scale. Industrial is red hot and has remained resilient throughout the COVID-19 pandemic. We firmly believe that it will continue its positive trajectory,”

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